Word: lows
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Dates: during 1950-1959
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...single groove. The two signals from the needle must be played through two separate amplifiers and speakers. Despite the necessary additional equipment, the cost can be far lower than that of a genuine monophonic hi-fi rig, because stereo achieves impressive reproduction with relatively small speakers and low-wattage amplifiers. Hi-fi addicts with component-part rigs can convert to stereo by gradually adding units...
Packaged stereo sets all ready to plug in now come as low as $39.95 for a portable unit (the tone is apt to be as strident as a bluejay's cry), or as high as $2,500. Between the two extremes are dozens of sets in the $100 to $500 range, many of which make for better listening than more expensive monophonic units. Thinking of the already cluttered American living room, manufacturers also offer "self-contained stereo"-units with both speakers housed in a single cabinet. But two-speaker cabinets, unless they are six to eight feet long...
FOREIGN BIDDER won a major Tennessee Valley Authority contract to build turbogenerator near Tuscumbia, Ala. Award went to England's C. A. Parsons & Co., Ltd., which bid $12,095,800, v. General Electric's low domestic...
...gain in G.N.P. for 1953 was 4.4%. that for 1955 a fat 8%. What knocked the average off was a minus 1.9% in the 1954 recession and a minus 3.2% last year. Says one top-level Washington economist: "The boys who average these things out catch us at the low end of the cycle. If you judged 1959 and 1960 in overall terms, we would have nothing to worry about...
After experimenting with accident and health policies for auto-racing drivers, test pilots and United Nations truce teams, the Continental Casualty Co. (assets: $419,761,432) was ready to solve one of the insurance industry's greatest longtime problems: a low-cost hospital-surgical plan for persons 65 and over. With the help of International Business Machines' wonder-working 705 computer, Continental devised a radical new policy procedure that cuts costs sharply and comes close to automating insurance for oldsters...